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Išbandyti
2013 04 25

Apranga CEO sees nothing unusual in antitrust panel’s decision to look into clothing retail market

Rimantas Perveneckas, CEO of Apranga, the largest Baltic clothing retail group, sees nothing unusual in the competition regulator’s decision to check the clothing market and start from the market leader.
Rimantas Perveneckas
Rimantas Perveneckas / Gretos Skaraitienės / BNS nuotr.

“The market for clothes is subject to the Competition Council’s supervision, therefore there is nothing unusual in their decision to start scrutinizing this market for the first time in twenty years. And it’s natural that they started from the market leader. We respect the laws and comply with them. This was further proved by the examination, which showed no irregularities,” Perveneckas told BNS.

The Competition Council stated on Wednesday that the contracts of Apranga and its related companies did not breach competition legislation. At the same time, the regulator decided to continue the scrutiny into the practices of other companies, which had not been identified.

The regulator said that it had not found any irregularities in the practices of Apranga and five more companies of Apranga group, including Apranga LT (Zara operator), Apranga BPB LT (Bershka operator), Apranga PLT (Pull & Bear operator), Apranga SLT (Stradivarius operator) and Apranga MLT (Massimo Dutti operator).

Apranga group includes sixteen companies. Besides the six above-mentioned companies, other companies of the group are active in Latvia and Estonia.

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